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(ALKEM) Alkem Laboratories complete technical analysis [charts+indicators] | Buy/Sell Alkem Laboratories | (ALKEM) share price targets

Complete technical analysis of Alkem Laboratories (ALKEM) by charts plus indicators, forecast predictions and share price targets for Alkem Laboratories (ALKEM)

Showing technical analysis as on 2024-12-12 View latest technical analysis

10 day averaged volume of Alkem Laboratories is 164348

Date	Daily Closing Price	Open	High	Low	Volume
12 Thu Dec 2024	5435.25	5529.45	5535.00	5405.50	0.797 times
11 Wed Dec 2024	5489.95	5474.00	5516.80	5425.05	0.483 times
10 Tue Dec 2024	5459.45	5495.10	5508.75	5433.00	0.829 times
09 Mon Dec 2024	5484.60	5532.95	5700.00	5461.10	0.691 times
06 Fri Dec 2024	5505.40	5631.00	5649.85	5493.05	1.233 times
05 Thu Dec 2024	5643.95	5629.55	5681.85	5580.05	0.991 times
04 Wed Dec 2024	5672.70	5647.80	5716.20	5632.80	1.412 times
03 Tue Dec 2024	5637.35	5708.80	5722.70	5621.45	0.864 times
02 Mon Dec 2024	5692.75	5658.00	5751.00	5650.00	0.753 times
29 Fri Nov 2024	5642.45	5472.00	5650.00	5457.15	1.759 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 5463.9, but if it comes above 5463.9, then a intra day buy could be more profitable.
If you take a sell trade below 5463.9, then use 5463.9 as stoploss and 5368.8 as target. However if you take a buy trade in stock , then use 5463.9 as stoploss and 5543.14 as target.

Share price targets for Alkem Laboratories (ALKEM)

Target Type	Value
Downside Target	5164.75
Downside Target	5361.05
Upside Target	5665.00
Upside Target	5751.00
Upside Target	5763.40
Upside Target	5958.90
Upside Target	5966.05
Upside Target	6199.90
Upside Target	6375.55
Upside Target	6439.90

Intraday share price targets for Alkem Laboratories (ALKEM)

Target Type	Value
Downside Intraday Target	5327.17
Downside Intraday Target	5219.08
Upside Intraday Target	5621.67
Upside Intraday Target	5808.08
Upside Intraday Target	5513.58

Weekly technical analysis of Alkem Laboratories (ALKEM)

Date	Weekly Closing Price	Open	High	Low	Volume
12 Thu Dec 2024	5435.25	5532.95	5700.00	5405.50	0.533 times
06 Fri Dec 2024	5505.40	5658.00	5751.00	5493.05	0.125 times
29 Fri Nov 2024	5642.45	5699.00	5718.50	5374.20	5.86 times
22 Fri Nov 2024	5583.35	5550.00	5665.00	5463.00	0.781 times
14 Thu Nov 2024	5524.95	5712.00	5745.10	5361.05	1.249 times

Price has moved down this week, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming weeks.

Monthly technical analysis of Alkem Laboratories (ALKEM)

Date	Monthly Closing Price	Open	High	Low	Volume
12 Thu Dec 2024	5435.25	5658.00	5751.00	5405.50	0.123 times
29 Fri Nov 2024	5642.45	5820.75	5958.90	5361.05	2.686 times
31 Thu Oct 2024	5779.25	6099.00	6375.55	5763.40	1.052 times
30 Mon Sep 2024	6052.80	6174.95	6439.90	5966.05	0.493 times

Scroll below to view daily charts

Price has moved down this month, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming months.

Indicators analysis of Alkem Laboratories (ALKEM)

Price action analysis of Alkem Laboratories ( (ALKEM) ) based on a short term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

Price action analysis of Alkem Laboratories ( (ALKEM) ) based on a short to mid term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

Price action analysis of Alkem Laboratories ( (ALKEM) ) based on a mid to longer term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

ADX buy sell signal for Alkem Laboratories stock for short term is SELL. Signal strength is Weak and stock is gaining momentum.

MACD generated a SELL signal for Alkem Laboratories in short term and the sell signal is strong.

Alkem Laboratories Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.

Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be coming down

CCI has generated a SELL signal for Alkem Laboratories in short term and SELL signal is strong!

RSI is generating a BUY signal in short term and the buying is gaining momentum.

MRSI is in positive zone. This is a BUY zone

Stock of Alkem Laboratories is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 5582.23 and Alkem Laboratories (ALKEM) stock is trading below this level. This means that stock is falling with high volumes. VWAP is rising upwards.

People seem to be coming out and selling the Alkem Laboratories (ALKEM) stock. Volume based technical analysis of Alkem Laboratories (ALKEM) stock is negative.

Alkem Laboratories Stock has given negative returns over a short term period. Returns for a longer term period have been negative.

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.